Background*

Mr. John Jacob Philip Elkann has been the Chairman and Chief Executive officer of Exor S.p.A., since February 2011. Mr. Elkann serves as General Partner at Giovanni Agnelli. He served as Vice President at IFIL - Finanziaria di Partecipazioni SpA since December 20, 2006. Mr. Elkann served as Vice President of Fiat Chrysler Automobiles N.V., from May 2004 to September 1, 2004. He gained work experience in various companies of the Fiat Group in the UK and Poland (manufacturing) ... as well as in France (sales and marketing). He started his professional career in 2001 at General Electric as a member of the Corporate Audit Staff, with assignments in Asia, the USA and Europe. He serves as Chairman of Giovanni Agnelli e C. Sapaz. He has been the Chairman at Fiat Chrysler Automobiles N.V., since October 13, 2014 and its Executive Director since December 1997. He has been the Chairman of Editrice La Stampa S.p.A. since 2008. He serves as the Chairman of the Board of Cushman & Wakefield, Inc. Mr. Elkann served as Chairman of Fiat S.p.A. since April 21, 2010. Mr. Elkann serves as the Vice Chairman of Giovanni Agnelli Foundation, IFIL Investment SPA, the Italian Aspen Institute and the Italy-China Foundation. He served as Deputy Chairman of IFIL - Finanziaria Di Partecipazioni SPA since February 2006. Mr. Elkann served as Vice Chairman of Fiat Chrysler Automobiles N.V., from May 30, 2004 to April 2007 and also until April 2010. He has been a Director of Gruppo Banca Leonardo S.p.A. since 2006, New Newscorp LLC since June 28, 2013 and the Giovanni Agnelli e C. S.A.p.A. since 1999. Mr. Elkann serves as Senior Non Executive Director and Director of CNH Industrial N.V. He serves as Director of SGS North America Inc. and IFI-Istituto Finanziario Industriale SPA. He has been a Director of News Corporation since June 28, 2013. He has been a Non-Executive Director of The Economist Group Limited since July 2009. Mr. Elkann served as a Director of SGS SA since March 2011 and Fiat Industrial S.p.A. since 2010. He served as a Director of RCS MediaGroup S.p.A since April 29, 2005. He served as an Independent Non-Executive Director of RIT Capital Partners PLC from March 2007 to 2011 and IFIL - Finanziaria Di Partecipazioni SPA. Mr. Elkann is Member of the IAC of Brookings Institution and of MoMA. He serves as a Member of Executive Board at Confindustria and the Italy-China Foundation. Mr. Elkann obtained a scientific baccalaureate from the Lycée Victor Duruy in Paris, and graduated in Engineering from Politecnico, the Engineering University of Turin.

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